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Is It Time?

One glance at the eminis chart tells you all you need to know about the past month. Head & Shoulders Patterns used to be pretty reliable. This one indicated a 50-pt drop last week — a whopping 2 1/2% sell off. But, it was not allowed to happen.

Now, it’s the day after OPEX and quad-witching, which means there’s at least the possibility of things letting loose.